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PRNewsWire
3 months ago
Fifth District Bancorp, Inc. Authorizes Stock Repurchase Program
NEW ORLEANS , Aug. 25, 2025 /PRNewswire/ -- Fifth District Bancorp, Inc. (the "Company") (Nasdaq: FDSB), the holding company for Fifth District Savings Bank, announced today it has authorized a stock repurchase program for up to 555,947 shares of its common stock, representing 10% of shares currently outstanding. The Company intends to conduct the repurchases on the open market, including by means of a trading plan adopted under SEC Rule 10b5-1, subject to market conditions and other factors.